Sublime

EVALUABILITY. When we compare products, features that are quantifiable become easy to evaluate, and even if they are not truly important they nevertheless come into sharper focus, which makes it easier for us to evaluate our options in terms of those features.

The easiest way to understand the numbers for this scenario is to start at the end and think backward. If you’re down to the last applicant, of course, you are necessarily forced to choose her. But when looking at the next-to-last applicant, the question becomes: is she above the 50th percentile? If yes, then hire her; if not, it’s worth rolling th

Peer reviewers were then asked to rate (using a slider on the screen) how well they knew that particular project and how large the individual’s impact was, and to add any comments.

When evaluating a transaction, traditional economic models simply compare the value to the price. Real, human people, however, compare value to price plus other elements, like fairness.